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All Grocery articles – Page 445
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InterviewQ&A: Morrisons chief executive Dalton Philips defends strategy
Morrisons today reported a 2.5% fall in like-for-like sales in the six weeks to December 30 after a poor Christmas. Chief executive Dalton Philips and chief financial officer Richard Pennycook explained to the media what went wrong and set out their plans for the future.
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OpinionBlog: Morrisons' uphill battle
Morrisons is the first of the big four to report on Christmas trading this week, and as expected, it makes for grim reading. While there was no profit warning, Christmas like-for-likes fell 2.5%.
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OpinionComment: Morrisons are years behind the competition
Morrisons needs to act quickly to address its problems before the competition leaves it behind.
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AnalysisMorrisons: What the analysts say
Supermarket Morrisons has posted a “disappointing” performance across Christmas. Retail Week takes a look at analyst reaction to the news.
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NewsMorrisons like-for-likes fall 2.5% after 'disappointing' Christmas
Morrisons has reported a “disappointing” performance over Christmas amid a “highly promotional market”.
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AnalysisAnalysis: How has Waitrose achieved record Christmas growth?
Waitrose today revealed it has had the busiest Christmas in its 109-year history as sales broke £300m for the first time in the 14 days to December 31, excluding Christmas Day and Boxing Day.
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AnalysisInfographic: Weekly baskets at the Big Four grocers in 2012
New data shows Morrisons and Asda gained more customers doing their main weekly food shops in 2012 while Sainsbury’s and Tesco lost shoppers.
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NewsWaitrose reports busiest Christmas in its history
Waitrose has reported the busiest Christmas and New Year trading period in its history as sales broke £300m for the first time.
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NewsAsda hit by online Christmas food delivery problems
Problems at grocer Asda’s online business over the festive season meant that some customers failed to receive their Christmas food orders.
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NewsRetailers brace themselves for another tough year in 2013
Next year looks set to be as tough as 2012 for retailers, with “shaky consumer confidence” likely to continue into 2013.
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NewsWaitrose records "most successful" Christmas ever
Upmarket grocer Waitrose has recorded its “most successful” ever Christmas as sales grew 7.7% in the seven weeks to December 24.
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NewsShoppers to spend more than £1.3bn this Christmas Eve
Shoppers are expected to spend more than £1.3bn this Christmas Eve – about £55m every hour – as millions leave their shopping to the last minute this year.
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NewsJohn Lewis posts sales up 11.1%
John Lewis posted a second record sales performance in a row for the week to December 15, recording sales up 11.1% to £ 147.8m, as it forecasts “great things” for the last week before Christmas.
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News
Kroger promotes Lynn Gust to president of Fred Meyer division
Grocer Kroger has promoted Lynn Gust, senior vice-president of operations, to president of Kroger’s Fred Meyer division. Gust started his career with Fred Meyer in 1970 and has served in a variety of leadership roles, including vice-president of the food group and senior vice-president of the store operations group.
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OpinionComment: The US is still a land of opportunity
On the assumption that the world has not ended today, and that Retail Week is still being read beyond Bugarach, attention will carry on being devoted to transatlantic developments.
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Analysis2012: The year in review - Retail winners and losers
From big administrations to political hot potatoes, retailers have seen it all. Caroline Parry charts the big moments in the year that was.
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NewsAsda Income Tracker: Disposable income improves £1 in November
Asda data has revealed that family spending power improved for the sixth consecutive month in November, but at a much slower rate than seen previously.
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NewsTesco set for 'strong finish' as performance improves
Tesco is set for a “strong finish” to the year heading into the vital Christmas trading period, according to Nielsen.
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AnalysisAnalysis: Euan Sutherland's to-do list when he joins The Co-operative
Euan Sutherland will join The Co-operative Group as chief executive in March, moving from Kingfisher where he is currently chief operating officer. Retail Week takes a look at his to-do list when he joins the mutual.
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AnalysisProfile: Updated - new SuperGroup chief executive Euan Sutherland
After a turbulent ten months in charge of the Co-op, Euan Sutherland is back, taking on the chief executive role at SuperGroup.